SpaceX bails out xAI in mega-deal — here’s what it means for Tesla
SpaceX has acquired Elon Musk's xAI in a massive deal, explicitly separating it from Tesla. This follows Tesla's recent $2 billion investment in xAI, which now appears to be a financial stake in a company under the SpaceX umbrella. For Tesla owners and investors, it clarifies that Tesla's AI development, particularly for self-driving cars, remains distinct from Musk's broader xAI ventures.